CMG - NYSE

Chipotle Mexican Grill, Inc.

CMG·NYSE

$28.42

-2.8%

Consumer CyclicalRestaurants

Chipotle Mexican Grill, Inc., together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. As of February 15, 2022, it owned and operated approximately 3,000 restaurants in the United States, Canada, the United Kingdom, France, Germany, and rest of Europe. The company was founded in 1993 and is headquartered in Newport Beach, California.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$36.46B

EPS1.1500

P/E Ratio24.71

Earnings Date07/29/2026

11.93B

Revenue

3Y+38.0%

5Y+99.0%

10Y+205.0%

1.54B

Net Income

3Y+71.0%

5Y+332.0%

10Y+6595.0%

2.11B

Operating Cash Flow

3Y+60.0%

5Y+218.0%

10Y+505.0%

Chipotle Mexican Grill, Inc. Profit Bridge

CMG · NYSE

Revenue & Cost of Sales

Revenue11.93B

Cost of Goods Sold (8.90B)

Gross Profit3.03B

Operating Expenses

Operating Expenses (1.01B)

Operating Income2.01B

Other Income & Taxes

Interest Expense (0.00)

Other Income/Expense-3.29M

Pretax Income2.01B

Income Tax (473.76M)

Net Income1.54B

Net Income

1.54B

Profitability Analysis

Gross Margin

25.4%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

16.9%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

12.9%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

23.6%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

Chipotle Mexican Grill, Inc. Income Statement

CMG • NYSE

Chipotle Mexican Grill, Inc. Income Statement	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
REVENUE
Revenue	11.9B	11.3B	9.9B	8.6B	7.5B	6B	5.6B	4.9B	4.5B	3.9B	4.5B	4.1B	3.2B	2.7B	2.3B	1.8B	1.5B	1.3B	1.1B	822.9M
GROSS PROFIT
Cost of Revenue	(8.9B)	(8.3B)	(7.3B)	(6.6B)	(5.8B)	(4.9B)	(4.4B)	(4B)	(3.7B)	(3.4B)	(3.3B)	(3B)	(2.4B)	(2B)	(1.7B)	(1.3B)	(1.1B)	(1B)	(843.2M)	(650.7M)
Gross Profit	3B	3B	2.6B	2.1B	1.7B	1B	1.1B	911M	756.2M	498.2M	1.2B	1.1B	854.8M	740.3M	589.2M	489.4M	378.5M	286.9M	242.6M	172.2M
OPERATING INCOME
Operating Expenses	(1B)	(1.1B)	(1B)	(901.7M)	(902.1M)	(750.9M)	(698.5M)	(652.6M)	(485.4M)	(463.6M)	(410.7M)	(407M)	(322M)	(284.5M)	(238.7M)	(201.6M)	(174.8M)	(162.9M)	(134.4M)	(110.3M)
Selling, General & Administrative	(652M)	(697.5M)	(633.6M)	(564.2M)	(606.9M)	(466.3M)	(451.6M)	(375.5M)	(296.4M)	(276.2M)	(250.2M)	(273.9M)	(203.7M)	(183.4M)	(149.4M)	(118.6M)	(107.6M)	(100.8M)	(84.6M)	(65.3M)
Operating Income	2B	1.9B	1.6B	1.2B	804.9M	290.2M	444M	258.4M	270.8M	34.6M	763.6M	710.8M	532.7M	455.9M	350.6M	287.8M	203.7M	124M	108.2M	62M
PRE-TAX INCOME
Interest Expense	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(2.9M)	(269K)	(405K)	(302K)	(296K)	(0.0)
Net Interest Income	73.7M	93.9M	62.7M	21.1M	7.8M	3.6M	14.3M	10.1M	4.9M	3.6M	6.3M	3.5M	1.8M	1.8M	-857K	1.2M	520K	3.2M	5.8M	0.0
Other Expenses	(361.4M)	(403.9M)	(394.7M)	(337.5M)	(295.2M)	(284.6M)	(247M)	(277.2M)	(189M)	(187.4M)	(160.5M)	(133.1M)	(118.3M)	(101.1M)	(89.2M)	(83M)	(67.3M)	(62.1M)	(49.8M)	(45M)
Total Other Income Expenses Net	-3.3M	93.9M	62.7M	21.1M	7.8M	3.6M	14.3M	10.1M	4.9M	4.2M	6.3M	3.5M	1.8M	1.8M	-857K	1.2M	520K	3.2M	5.8M	6.3M
Income Before Tax	2B	2B	1.6B	1.2B	812.8M	293.8M	458.3M	268.4M	275.7M	38.7M	769.9M	714.3M	534.5M	457.7M	349.7M	289.1M	204.2M	127.2M	114M	68.3M
NET INCOME
Income Tax Expense	(473.8M)	(476.1M)	(391.8M)	(282.4M)	(159.8M)	-62M	(108.1M)	(91.9M)	(99.5M)	(15.8M)	(294.3M)	(268.9M)	(207M)	(179.7M)	(134.8M)	(110.1M)	(77.4M)	(49M)	(43.4M)	(26.8M)
Net Income	1.5B	1.5B	1.2B	899.1M	653M	355.8M	350.2M	176.6M	176.3M	22.9M	475.6M	445.4M	327.4M	278M	214.9M	179M	126.8M	78.2M	70.6M	41.4M

SEC Filings

CMG - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
10-Q 10-Q 2026 Q1 Q1	April 30, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 29, 2026	April 29, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 28, 2026	June 11, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 27, 2026	April 27, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 04, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 03, 2026	February 03, 2026	2026	View Filing
8-K 8-K 2026 N/A	January 12, 2026	January 12, 2026	2026	View Filing
8-K 8-K 2025 N/A	December 08, 2025	December 04, 2025	2025	View Filing
8-K 8-K 2025 N/A	November 25, 2025	November 24, 2025	2025	View Filing
10-Q 10-Q 2025 Q3 Q3	October 30, 2025	September 30, 2025	2025	View Filing

Showing 1 to 10 of 285 filings

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